The number of TON holders has skyrocketed to an impressive 100 million, marking a significant milestone in the token’s growth.
At the start of the year, the holder count stood at a modest 4.3 million, highlighting a remarkable surge in adoption over the past months. This growth reflects increasing interest in the TON ecosystem and the expanding use of its decentralized finance (DeFi) products.
$TON Holder Count reaches 100 million
“At the beginning of the year, the number of holders was 'only' 4.3 million. This shows that #TON has experienced huge growth.” – By @JA_Maartun
Read more 👇https://t.co/sqFPm5bM9d pic.twitter.com/V0Ikl1bkXF
— CryptoQuant.com (@cryptoquant_com) October 8, 2024
TON’s Key player Host 40 Million In TVL
Tonstakers, a key player in the TON network, has reached 40 million TON in total value locked (TVL), further cementing its position as the largest project within TON’s DeFi landscape. Just a year ago, the TVL for Tonstakers was only 1 million TON. This rapid increase is a testament to the community’s trust in Tonstakers and the value of TON liquid staking, a popular method of earning rewards while maintaining liquidity.
Tonstakers reaches 40 million TON in TVL 🤑
In just one year, we’ve gone from 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗧𝗢𝗡 , and we’ve also become the largest project by TVL among all #DeFi products on #TON. This achievement is a result of our community’s confidence in… pic.twitter.com/uFjZQKB5KB
— Tonstakers | TON Liquid Staking (@tonstakers) October 8, 2024
The Tonstakers team has played a pivotal role in driving this growth. Through continuous improvements to existing products and the development of new ones, they are actively enhancing the DeFi ecosystem. Their efforts not only strengthen the TON network but also attract more participants to the platform, helping TON grow bigger and better each day.
As the TON ecosystem continues to evolve, Tonstakers is at the forefront, contributing to both the token’s expansion and the overall development of DeFi within the network. With such strong momentum, TON’s future looks increasingly promising as it gains more users and expands its DeFi offerings.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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